Updated Wednesday, July 23, 2014 as of 8:19 PM ET
Portfolio - IRAs/401K
Americans Saving Beyond Workplace Retirement Plans
by: Margarida Correia
Wednesday, March 6, 2013

Many Americans are using more than just their workplace retirement plans to save for their golden years, making their retirement preparedness  less dire than often predicted, according to an analysis by Fidelity Investments. The analysis found that nearly 1 million investors use both a workplace savings plan and an IRA account, with an average balance of $225,600 at the end of 2012. This was nearly three times higher than the average 401(k) account administered through Fidelity.

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